By Steve Sjuggerud in True Wealth:

Tech stocks have been dead for a decade now... Even the big names like Intel, Microsoft, Cisco, and IBM - they've been terrible investments for 10 years!

...we've never owned these names in True Wealth. Ever. True Wealth started in 2001. For eight years, I've never seen these stocks as an opportunity. They were either too expensive, too popular, or in a downtrend. So we avoided them.

As the New York traders say, we finally reached the "puke" point with these stocks... where investors finally gave up on 'em. They held on for many years as these stocks were crushed. But when they lost 50% of their values AGAIN from October 2007 to March 2009, investors finally gave up.

Now, we have great value here... I never thought I'd see the day when Microsoft traded at a single-digit forward P/E ratio, or Google traded at a forward P/E in the low teens. But we got there last month. It is exciting stuff.

We have great value. Investors finally reached the puke point in big tech. And now we have an uptrend.

Crux note: You can see how Steve is playing the "long tech" idea right now by checking out the April issue of True Wealth. It's a safe way to make as much as 50% this year. Click here to learn about a risk-free trial subscription.

More posts from Steve Sjuggerud:

A safe way to double your money in stocks this year

Do this, and you'll never suffer another 2008

If you don't own gold after reading this, you're nuts